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In: Accounting

What is a package policy? Explain the advantages of a commercial package policy to a business...

What is a package policy? Explain the advantages of a commercial package policy to a business firm as compared to the purchase of separate policies.

The business income (and extra expense) coverage form has a number of policy provisions. Explain the following provisions: Business income loss, Coverage of extra expenses

Define robbery, burglary, safe burglary, and theft.

Identify the major exclusions in the commercial crime coverage form (loss-sustained form).

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